In 2016 Chelyabinsk Pipe Works sold 1.735 million tons of pipes, down by 16% YoY. The group explains the decrease with the change in supply time to Gazprom and the drop of demand from the traditional pipe consumers. Local ChTPZ sales dropped by 20% YoY, to 1450 thousand tons, while exports grew by 31%, to…
The ChTPZ group has delivered a batch of compressor-pump pipes for the arctic oil extraction at the Prirazlomonye deposits. The unique products were manufactured at the Pervouralsk Pipe Works. The batch includes 115 tons of sulfuretted hydrogen-resistant pipes of the high strength group with premium joints ChT-VT and ChT-VC. “The special climate conditions of the…
In 2016 the net profit of ChTPZ group increased by 5.7%, to 6.357 billion rubles. According to the company statement, its revenues dropped by 9% YoY, to 135.456 billion rubles, EBITDA – by 3%, to 27.9 billion rubles. The net debt of the group decreased by 9.9 billion rubles, or by 76.2 billion rubles, to…
The ChTPZ group has made a trial delivery of large diameter pipes (LDP) to Africa. The company has supplied over 2 thousand meters of LDP for the Ain Sukhna Product Hub liquefied gas transportation and storing project in Egypt. The pipes with the diameter of 711.2 mm and the wall thickness of 12.7 mm made…
The ChTPZ Group intends to increase compressor-pump pipes with externally upset ends output from 18 to 35 thousand tons per year. The increase of capacities has been made possible thanks to the modernization program at the Pervouralsk Pipe Plant. The modernization saw the replacement of parts at pipe cutting-mills, etc. The Pervouralsk Plant produces CPP…
Under the current contract the ChTPZ Group will deliver an additional batch of pipes for the construction of the Nord Stream-2 gas pipeline. The company will supply 3.2 thousand tons of large diameter pipes (1153 mm) with the wall thickness of 41 mm, as well as 12 adapter pipes and 499 units of buckle arrestors.…
In 2017 the Chelyabinsk Pipe Works plans to retain its last year position. “Our strategic goal is to increase exports under the growing competition on the local market in order to diversify regional trade”, the group CEO Alexander Grubman said. In 2017 ChTPZ intends to increase its share on the market by 3.9% by boosting…
In 2016 the Warehouse complex of ChTPZ sold over 265 thousand tons of pipes of Chelyabinsk Pipe Works and Pervouralsk Pipe Plant. In May 2016 a new, 14th, subsidiary of the Warehouse complex was opened in Bataisk, Rostov region. In 7 months it has sold around 4 thousand tons of pipes. A centralized logistics service…